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RE: Hive Is Powerful In Developing Economies
25
@mercadomaestro
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1 min read
This is fantastic news. With v4v.app, people in Venezuela can easily convert $HIVE & $HBD to $BTC, which has far more acceptance than $HBD at the moment, but, also provides a way for people to diversify and spread their risk around, rather than solely holding their savings in $HIVE or $HBD. I am all in favor of keeping the value in the Hive ecosystem, though, because that's where the real growth will take place. Bitcoin layer-1 is too slow and expensive to use for everyday purchases like at a grocery store or c-store, while $HIVE is instant and free, which really makes a difference in developing countries where credit card companies and banks prey on the people through high-% interest debt.
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